SITUATION REPORT

U.S. Higher Tariffs To Take Effect on Aug. 1, Trump Threatens Tariffs on BRICS-Aligned Countries

Jul 7, 2025 | 15:37 GMT

U.S. Treasury Secretary Scott Bessent said in a July 6 interview on CNN that countries failing to reach a trade agreement with the United States could expect tariff rates to return to levels announced in April by Aug. 1....

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